HollywoodSportsbook is pleased to offer a wide variety of tournament formats and games available to you 24 hours a day! In addition to being a fun and exciting way to gain a greater all-round poker experience, tournaments are also a powerful way to build your bankroll and get a great return on a minimal investment. In a tournament, as opposed to a live ring-game, the most money one can risk is the buy-in for that tournament. All players start with the same amount of chips and play continues until one player has won all the chips. Tournament chips have no cash value. Tournaments are available in all the poker games we offer; Hold'em, Omaha, Omaha Hi-Lo, Stud and Stud Hi-Lo.
We offer Multi-table, Sit & Go, Bounty and Heads-up tournaments in various Freeze-out, Re-buy and Shoot-out formats. We also offer satellite tournaments to gain entry into much bigger events and freerolls that cost nothing to enter. Scroll down the page to read more about the different tournaments available.
Guaranteed poker tournaments carry a minimum guaranteed prize pool regardless of the number of players that buy-in. You'll find a variety of Guaranteed tournaments ranging in buy-ins and guaranteed levels running daily here at HollywoodSportsBook. Check the tournament lobby (Tournament >> Scheduled >> All) for dates, times and full details. Here's a few of our more popular Guaranteed tournaments.
$50,000 Guaranteed, Sunday @ 15:00 ET
Buy In + Fee: $100 + 9 or VIP Point Buy In + Fee: 10,000 + 900
Probably the most satisfying tournament here at HollywoodSportsBook. When you knock another player out of the tournament you'll collect the cash bounty on that player's head. So not only do you rake a huge pot but you're getting paid cash to 'felt' a fellow competitor.
In a Bounty tournament, a percentage of the prize pool will be taken out and used as a bounty on the heads of each player. The overall prize payout structure remains the same. As you eliminate players from a tournament you'll collect that player's bounty.
Regardless of your tournament placing, you can still make a profit on bounties. For example, in a $2 buy-in tournament, $1 will contribute to the prize pool, and $1 will be paid to the bounty field. Every player has a $1 price on their head, so simply eliminate two players and you have already made your buy-in back, with only profit to come!
Bounty tournament will be available with many different prize structures. The bounty prize pool can be customized, anywhere from 10% of the buy-in to a full 100%! Simply check out our tournament listings in the HollywoodSportsBook lobby to see the prize pool structure for any one of our upcoming tournaments.
Shoot Out Tournaments
Unlike a normal multi-table tournament where tables are balanced by moving players aroun, shoot out tournaments will play each table down to a set number of players in each round until there is a final table remaining.
A simple example is a Shootout tournament with 100 entrants. Ten tables with ten players each will begin the tournament for round one. A certain number of players from each table will progress to round two (the number will change depending on the tournament). In our example, the top three players from each table will advance, meaning a total of 30 players remain. Round two will begin with three tables of ten, and again the top three players of each table will progress to the next round, with nine players battling it out at the final table!
Shootouts are definitely exciting but require a different strategy then regular MTT's.
Shootout Payout Structure
|Place Finished||Number of Players|
|1 to 2||3 to 8||9 to 32||33 to 64||65 to 128||128+|
Final Table uses Standard Tournament Payout based on number of players at final table.
Percentage of Total Prize Pool paid to each round ¹
|No. of Rounds||Round 1||Round 2||Round 3||Round 4+|
¹ When this structure is applied, only rounds 1,2 and 3 will received the guaranteed payouts shown in this table. The final 10% of the winnings will contribute to the payout for the rest of the tournament (round 4 and any subsequent rounds) and will be paid out using the existing MTT payout structure shown here: Standard Tournament Payout
$10+$1, 100 Players, 10 Player tables, 3 Players Advancing
Number of Rounds is 3, total prize pool $1000
|Round 1||Round 2||Round 3|
$10+$1, 240 Players, 6 Player tables, 2 Players Advancing
Number of Rounds is 5, total prize pool $2400
|Round 1||Round 2||Round 3||Round 4||Round 5|
* No payouts for this table as it now uses a standard MTT payout,which pays 50/30/20 for 10 players.
We host several FREE tournaments throughout the day that feature cash prize pools ranging from $50 to $50,000! Try your hand in one of our $50 freerolls starting every couple of hours or play in our bigger $2,000 & $10,000 tournaments once a week or even the massive $50,000 that runs once a month!
Exclusive VIP Freerolls
Each VIP tier offers a private freeroll for all players in that tier. To find out what your tier has to offer, visit our VIP Rewards.
For more information on VIP tiers, visit our VIP section
To see your current VIP tier, login to your player admin and view "VIP Status"
New player freeroll
We also host a new player daily freeroll. Make your first deposit here at HollywoodSportsBook and you'll automatically receive a ticket to enter one of these daily freerolls that carry a $500 prize pool
Sit and Go tournaments are usually single table tournaments, but can also be multitable. Sit and Go tournaments have a specific buy-in and entry fee amount, which then forms the prize pool. This is split up by the winners, generally amongst the top 3, following a payout schedule.
Live Event Satellites
Tournament Payout Schedule
This table shows the standard payouts for multi-table tournaments run here at HollywoodSportsBook. The left column shows the finishing place, while the column headers displays the amount of entries (players) in the tournament. For example, if you finish in 9th place in a tournament with 250 people, you would be paid 2% of the total prize pool.
|1-9||10- 29||30- 49||50- 99||100- 199||200- 299||300- 399||400- 499||500- 749||750+|
* We reserve the right to change tournament payouts and/or the schedule at any time without notice.
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